INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation

IAIC 4.280

+12.3%

Dec 16 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Matthew F. Kern who wrote (1366)	3/30/1998 8:06:00 PM
From: Sid Turtlman	Read Replies (2) of 2011

Matthew: Is your $3.00 estimate for 1998 or 1999? What would you guess the ratio of eps for 2000 to 1999 would be? Wouldn't it be considerably under 1.0? After all, after 1/1/00 any projects would be mopping up operations, rather than top dollar we-gotta-get-it-done-now type things. By then, all the extra capacity built up by the various competitors to meet the 1/1/00 deadline would be chasing after the mopping up jobs, I would think, lowering pricing and margins on that business. In fact, as the more far sighted companies finish up their y2k projects in the next year, I would think that the price per loc would start dropping, as that extra capacity comes into the market, even before 1/1/00. If your $3.00 estimate is for 1999 and then earnings plummet, the stock is no bargain here. OTOH, if the $3.00 is for 1998 and $5.00 or something is on tap for 1999, there may still be some upside left. What am I missing?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next